IN SETTLEMENT BY ACCEPTANCE, WHAT WILL THE BANK DO AFTER RECEIVING...

6. In settlement by acceptance, what will the bank do after receiving the documents

and draft drawn on the buyer from the seller?

a. The bank will pay the seller immediately

b. The bank will pay the seller as long as the documents submitted comply with

all terms of the letter of credit.

c. The bank checks the documents

d. The bank agrees to pay the bill when it matures.